教師資料查詢 | 類別: 期刊論文 | 教師: 麥朝成 Mai Chao-Cheng (瀏覽個人網頁)

標題:Optimal licensing with equity
學年105
學期2
出版(發表)日期2017/03/01
作品名稱Optimal licensing with equity
作品名稱(其他語言)
著者Wang, Kuang-Cheng Andy; Wang, Yi-Jie; Liang, Wen-Jung; Mai, Chao-Cheng
單位
出版者
著錄名稱、卷期、頁數Papers in Regional Science 96(S1), pp.S207–S220
摘要The existing literature for an insider patentee indicates that the optimal licensing contract is royalty licensing under Bertrand competition. This paper explores licensing by means of royalty licensing and equity licensing in a Hotelling linear city model. Given a covered market, this paper shows that the insider patentee would like to choose equity licensing when the transport rate relative to the innovation size is large, while selecting royalty licensing otherwise. Next, provided that the market is uncovered post licensing, this paper finds that equity and fixed-fee licensing are indifferent to the patentee and are both superior to royalty licensing.
關鍵字Optimal licensing contract; equity licensing; royalty licensing; fixed-fee licensing; Hotelling linear city model.
語言英文(美國)
ISSN1056-8190
期刊性質國外
收錄於SSCI;
產學合作
通訊作者Mai, Chao-Cheng
審稿制度
國別美國
公開徵稿
出版型式,電子版,紙本
相關連結
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